9590 (OTC:ABNS)
Industry: Financial

Alliance Bancshares California operates as the holding company for Alliance Bank that provides various banking products and services to small and medium sized businesses, builders, and professionals primarily in southern California. It primarily engages in generating deposits and originating loans. The company offers various deposit products, including demand deposits, money market accounts, savings accounts, and certificates of deposit, as well as non-interest bearing checking accounts. It also provides secured and unsecured commercial term loans and lines of credit; construction loans for individual and tract single family homes, and for commercial and multifamily properties; accounts receivable and equipment loans; SBA loans; home equity lines of credit; and equipment leasing. The company also offers cash management products and other banking services. As of December 31, 2007, it operated six offices in California. The company was incorporated in 1979 and is based in Culver City, California. On July 14, 2009, Alliance Bancshares California filed a voluntary petition for liquidation under Chapter 7 in the US bankruptcy Court for the Central District of California.

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As Of: 08/30 13:17 ET
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